International Monetary Fund1y
Externalities: Prices Do Not Capture All Costs
In the case of pollution—the traditional example of a negative externality—a polluter makes decisions based only on the direct cost of and profit opportunity from production and does not consider the ...
Hosted on MSN1y
Internal vs. External Economies of Scale: What’s the Difference?
He suggested broad declines in the factors of production—such as land, labor, and effective capital—represented a positive ...
International Monetary Fund10y
What Are Externalities?
In the case of pollution—the traditional example of a negative externality—a polluter makes decisions based only on the direct cost of and profit opportunity from production and does not consider the ...
Cambridge University Press1y
The Environment and Externality
Nature Communications, Vol. 13, Issue. 1, This innovative book models pollution mitigation as a negative externality whilst also providing desirable and useful solutions, such as establishing the ...
Cambridge University Press2y
Theory, Algorithms and Applications
This innovative book models pollution mitigation as a negative externality whilst also providing desirable and useful solutions, such as establishing the triangular equivalence relationship among the ...